Fort Worth weekly gazette. [volume] (Fort Worth, Tex.) 1882-1891, 1887-10-14
GOULD'S GOLD.
The Power Of Money, as Displayed by
the Absorption of the B. & O.
Telegraph, Is Alarming.
Leading Newspapers Speak Out Plainly
on the subject, and Point Out
the Danger Ahead.
Meanwhile Robert Garrett Says 1t Is No
Sale and That 1t VIII Not Be
Sold to jay Gould.
GARRETT'S DENIAL.

GARRETT'S DENIAL.
NEW YORK, Oct. S-The Times prints
the following: "It's no longer q trade,
gentlemen" said Mr.. Robert Garrett to
Edward S. Stokes and small party OF
friends at the Hoffman house early last
evening. He referred to the sale of the
Baltimore and Ohio Telegraph Company
to Jay Gould.
Mr.. Garrett said that in spite of every
thing said and done the Baltimore and
OHIO Telegraph Company had not yet
been absorbed by Its hungry rival. 1t
looked odd, he said, that an attempt
should be made to sell the property while
he was on the ocean and not in position
to Interfere with the plans in which he
| was at least entitled to voice. Before
Mr.. Garrett left the Hoffman house he
had impressed his hearers
with the idea that Gould might
experience a good deal of trouble
before he could legally claim the Balti-
more and Ohio Telegraph Company as
his own. Garrett said that Gould would
under no circumstances get the Bslfl-
more and Ohio Telegraph Company for
100000. He would have to pay 8
good deal bigger figure, for he was the
last man in the country to whom Garrett
would be willing to sell.
Robert Garrett did not say all this uE-
til he had long talk with John R. Cowan
and with other counsel. Mr.. Garrett
made opponents of the Western Union
and friends of the competitors in telegra-
ply happy by declaring that he meant
fight and felt sure OF winning. He was
inclined to this way of thinking through
the knowledge that the Baltimore and
Ohio Telegraph Company was indebted
to him personally to the not altogether
trivial sum Of between $4,000 and
100000.
GEORGE GOULD SAYS THE CONTRACT Is
SIGNED.
NEW YORK, Oct. 8.-The statement to
the effect that Robert Garrett, referring to
the absorption Of the Baltimore and Ohio
Telegraph lines by the Western Union,
said that otis no trade, gentlemen"
caused considerable talk to-day. Mr..
George Gould did not believe that Mr..
Garrett was correctly quoted. "Although
the collateral has not been turned over,
the agreement has been signed, and is in
our possession. There is no Baltimore
and Ohio Telegraph now, as their wires
are part Of our system" Mr.. Gould
also denied the statement in the same ar
ticle thst the Baltimore and Ohio owed
Mr.. Garrett, personally, between S3,000,-
600 and $4,U00,000. Mr.. W. B, Somer-
vile of the Western Union, was author
lied TO say that DR.. Norvln Green did not
believe the story.
Mr.. GARRETT AGAIN.
BALTIMORE, MD, Oct. S.-A dispatch
was received by banker here to-day
from Mr.. Robert Garrett, in reply to an
inquiry if he would fight the sale of the
Baltimore and Ohio Telegraph. The re-
ply was, 81 have nothing TO say"
STOKES GIVES BIS OPINION.
NEW YORK, Oct. Mr.. Garrett still |
refuses to see reporters or say whether |
the great telegraph deal has been legally |
completed or not.
Mr.. Stokes smiled as he sat in his pri- |
vate Office in the Hoffman when a report |
er accosted him on the subject of Mr.. |
CARROTS remark of the night before. He |
was asked the question:
"Did Mr.. Garrett say to you last night |
that there would be no deal with the |
Western Union?"
"He said there would be fun some |
where. He was very mad and abused |
Jay Gould without stint. II there had |
been trade, he said, it would not hold |
water"
"Did he threaten to sue Mr.. Gould?"
"Yes, he threatened all sorts of things.
He said he had been sold out by his
friends and that he would get even all |
around. l never saw him 80 excited.
He declared that snap judgment had
been taken on him when he was away,
but the conspirators would find that their
plans would not hold"
"Did you have sny dealings with Mr..
Garrett in reference To the Baltimore and
Ohio?"
eyes, good many. When Mr Garrett
went to Europe the others engaged 10 the
deal believed that we had about effected
a consolidation with the Baltimore and
Ohio, the Postal and the United Lines
Telegraph Companies. II Mr.. Garrett
had done as he promised to do the
Western Union would never pay another
"What was promised"
"An agreement to consolidate. We
were to capitalize the stock at $20,000.-
700. John W. Mackay was to put in
81, 100000, Garrett 100000 and the
stock of the company would make up
s20, 900, 000"
"Hsve you any idea why Garrett failed
10 keep his word?"
"Not the slightest. He went Of to
Europe and that ended the matter"
"Is it probable that the Western Union
will now swallow the United Lines and
Postal Companies?"
"No. 1 ought to know something
about that, and will have something to
'ay when the attempt is made. We are
lot for SALE"
"What is your opinion Of the Baltimore
md Ohio sele7"
"I think
GOULD HAS THE LINES,
)r il he has not he has such big slice
hat he will soon get the rest. He has
'he longest pole now, and guess he will
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